Allstate Reports May Pretax Catastrophe Losses of $1.4B June 20, 2024 By Chad Hemenway Allstate Corp. on Thursday reported May pretax catastrophe losses of about $1.4 billion. The Northbrook, Illinois-based insurer said 14 events...
Excessive Heat An Increasing Concern in Workers Comp: WCRI June 20, 2024 By Allen Laman With temperatures pushing above 90 degrees in parts of the Midwest and Northeast United States this week, many American workers...
Businesses Do Not Have Proper Coverage for Rising Liability Losses, Says Chubb June 20, 2024 By Chad Hemenway An annual report from Chubb has revealed a couple of troubling trends for many businesses—the frequency and severity of large...
Survey: Most Homeowners Believe Their Policy Covers Flood June 20, 2024 Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a...
Car Dealerships Across US Halt Services After Cyberattack June 20, 2024 By Craig Trudell and Jake Bleiberg Thousands of car dealerships were ground to a halt during a normally busy holiday Wednesday by a cyber incident at...
Supreme Court Backs Starbucks Over Fired Pro-Union Workers June 19, 2024 By Andrew Chung The U.S. Supreme Court sided with Starbucks in the coffee chain’s challenge to a judicial order to rehire seven Memphis...
Philip Morris Halts Zyn’s Online Sales in US After Subpoena June 19, 2024 By Andy Hoffman Philip Morris International Inc. stopped online sales of its popular nicotine pouch brand Zyn in the US after receiving a...
QBE to Non-Renew $500M of North American Mid-Market Biz June 19, 2024 QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses...
Hackers Demand as Much as $5 Million From Snowflake Clients June 19, 2024 By Charles Gorrivan, Margi Murphy and Brody Ford Cybercriminals are demanding payments of between $300,000 and $5 million apiece from as many as 10 companies breached in a...
A $29 Billion Weed Market Fights to Diversify Amid Legal Hurdles June 19, 2024 By Khorri Atkinson Michael Diaz-Rivera’s experience simultaneously represents the promise and failure of social equity licenses for the cannabis industry. Diaz-Rivera’s conviction in...